Raised H.B. No. 6466 Session Year 2013

AN ACT CLARIFYING COLLATERAL REQUIREMENTS FOR APPLICANTS FOR FINANCIAL ASSISTANCE FROM THE DEPARTMENT OF ECONOMIC AND COMMUNITY DEVELOPMENT AND CONNECTICUT INNOVATIONS, INCORPORATED.

To clarify that an applicant for financial assistance from the Department of Economic and Community Development or Connecticut Innovations, Incorporated is not required to provide the agency with collateral as a condition of receiving such assistance in the form of a grant.